There’s been a sharp month-on-month rise in car dealers reporting the condition of used stock is improving – up from 20% in December to 33% now. Research from Startline’s January Used Car Tracker also shows that the percentage stating stock is getting older is also down from 30% to 23%. Additionally, 48% say that supply is improving - the best figure since 32% in October - while those saying it … [Read more...]
Used-cars keys to future prospects
The relative strength of used car sales at the end of 2020 is a good omen for the prospects of a further bounceback once the current national lockdown is lifted, according to James Fairclough, boss of AA Cars. “The gradual ratcheting up of lockdowns and Covid restrictions during the final months of 2020 took their toll on the economy as a whole, and the used car market was no … [Read more...]